Loan to Buy Goodyear Tire Franchise Issued By Ups Capital Business Credit

Borrowing money to invest in a Goodyear Tire franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Boynton Beach, Florida needed money to invest in a Goodyear Tire franchise back in 2005. Ups Capital Business Credit issued an SBA franchise loan. Here are the details on this Florida small business loan.

SBA Loan Borrower

CUSTOMER 1 TIRE AND AUTO CARE
BOYNTON BEACH, FL 33437

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

This lender provides SBA debt financing as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441320 - Tire Dealers

Loan Approval Date

6/8/2005

Loan Approval Gross Amount

$538,500

Loan Approval from the SBA

Of the total $538,500 loan amount, the SBA guaranteed $403,875.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Goodyear Tire franchise. At the time of the loan, the company had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.

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SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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